Data on MPF offsetting
Dear Mandatory Provident Fund Schemes Authority,
In light of the recent abolition of MPF offsetting, and the government now introducing a Subsidy Scheme for Abolition of MPF Offsetting Arrangement (SSA), I assume you will have had to have used data on how many and what proportion of employers were carrying out MPF offsetting of their severance payment to be able to sufficiently support the subsidy scheme. Based on this can you share this data, i.e.:
Before the new policy came into effect what data do you have on companies that were carrying out MPF offsetting from 2024 or the most recent full year of data you have . Specifically what proportion of employers does your data show or estimate were carrying this out? And do you have a number for the total number of employers that carried out MPF offsetting that year? If you have this data are you able to break it down into proportions of small, medium and large companies?
I see "Statistics of claims for offsetting severance payment and long service payment against MPF accrued benefits" is available here, but I'd like to know the denominator:
https://www.mpfa.org.hk/en/info-centre/r...
I.e. I'd like to know how many employers are not offsetting severance payments to be able to make a comparison. Do you have these calculations, or at least do you have statistics on how many people are made redundant each year, and how many of them are eligible and are receiving severance payments?
Yours faithfully,
Scott Edmunds
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Attn: Mr Scott Edmunds
Dear Mr Edmunds,
Thank you for your email enquiry dated 8 September 2025 made under the MPFA Code on Access to Information about MPF offsetting data.
After examining your request, we anticipate that it will take some time to ascertain availability of certain data and compile the available information per requested, thus there may be difficulty in completing the process by 22 September 2025, i.e. 10 working days from receipt of your request.
We will keep you informed of the progress in due course.
Yours sincerely,
Tramy Tam
Senior Manager
Policy and Regulation Division
Mandatory Provident Fund Schemes Authority
Attn: Mr Scott Edmunds
Dear Mr Edmunds,
Further to my email dated 19 September 2025, please note that we are currently in the process of fact-checking and finalizing our reply. As such, there may be difficulty in completing the process by 10 October 2025, i.e. 21 working days from receipt of your request.
We will keep you updated on the progress in due course.
Yours sincerely,
Tramy Tam
Senior Manager
Policy and Regulation Division
Mandatory Provident Fund Schemes Authority
Attn: Mr Scott Edmunds
Dear Mr. Edmunds,
Thank you for your email enquiry dated 8 September 2025 made under the
MPFA Code on Access to Information requesting information about MPF
offsetting data.
We would like to provide the following reply in accordance with the MPFA
Code on Access to Information (a copy of the Code is available on the MPFA
website for reference [[1]link]).
The Government first devised the estimate of its total financial
commitment on the Subsidy Scheme for Abolition of MPF Offsetting
Arrangement (SSA) based on offsetting claim data in 2019 provided by the
Mandatory Provident Fund Schemes Authority. As set out in a Legislative
Council document [[2]link], the Labour Department in late 2022
commissioned an actuarial consultant to make further actuarial projections
on employers’ severance payment and long service payment (SP/LSP) expenses
and an estimation of the number of applications received and the amount of
payout involved under SSA each year.
Regarding your individual questions about MPF offsetting data:
1. Number of unique employers involved in claims for MPF accrued benefits
to offset SP/LSP during 2019 to 2024 (i.e. before the Abolition of MPF
Offsetting Arrangement came into effect on 1 May 2025) is set out
below:
Year Number of unique employers involved in
claims for offsetting SP/LSP*
2019 14 400
2020 15 200
2021 17 000
2022 13 700
2023 14 200
2024 15 900
* The number of unique employers involved in the table is the aggregated
figures across all schemes. There could be cases of claims involving the
same employer across more than one scheme in an individual year.
2. For the number of employers participating in MPF schemes, employers’
enrolment in MPF schemes as at the end of each year during 2019 to
2024 is set out below:
Year Number of employers enrolled in MPF schemes*
2019 290 000
2020 306 000
2021 323 000
2022 344 000
2023 359 000
2024 368 000
* Estimated figures. Adjustments have been made for employers who are
participating in more than one scheme.
3. For size of workforce of employers involved in cases of claims on MPF
for offsetting SP/LSP, we can offer the following data from 2024 for
your reference:
• Among the total 55 100 claims made in the year –
• More than half (51.2% or 27 900 claims) involved accounts in an MPF
scheme where the employer had no more than 50 employees enrolled in
the MPF scheme;
• Another 8.2% (4 500 claims) involved accounts in an MPF scheme where
the employer had 51-100 employees enrolled in the MPF scheme;
• 18.2% (9 900 claims) involved accounts in an MPF scheme where the
employer had more than 1 000 employees enrolled in the MPF scheme;
• It should be noted that –
• The number of employees enrolled in the MPF scheme by an employer can
only serve as a proxy of the total size of an employer’s workforce due
to factors including, for instance, (a) an employer may participate in
more than one MPF scheme; and (b) number of employees enrolled does
not include employees who are not required to join an MPF scheme, such
as those aged 65 and over etc.;
• A single employer can be involved in more than one SP/LSP offsetting
claim in an individual year; and
• A minority of claims (about 500) involved causal employees and there
was no information on their employers related to number of employees
enrolled in their MPF schemes.
• Details of the breakdown are presented in the table below for your
reference –
Number and percentage of claims by number of employees employed by the
employers involved and type of claim, 2024
Number of employees employed by the employers Type of claim Overall
involved
SP LSP
Number of % Number of % Number of %
claims claims claims
1 – 50 17 300 56.3% 10 700 44.6% 27 900 51.2%
51 – 100 2 500 8.3% 1 900 8.1% 4 500 8.2%
101 – 200 2 700 8.7% 1 700 6.9% 4 300 7.9%
201 – 500 2 700 8.8% 2 300 9.4% 5 000 9.1%
501 – 1 000 1 600 5.2% 1 400 5.7% 3 000 5.4%
> 1 000 3 900 12.6% 6 100 25.4% 9 900 18.2%
Sub-total 30 600 100.0% 23 900 100.0% 54 600 100.0%
Casual 400 NA 100 NA 500 NA
employees
Total 31 100 NA 24 000 NA 55 100 NA
Figures or percentages may not sum up to the total or 100% due to
rounding.
4. Regarding how many people are made redundant each year, MPFA does not
hold such information. When a contribution account in an MPF scheme
is terminated, it can be due to a wide array of circumstances. Apart
from dismissal by reason of redundancy, other possible circumstances
include lay off, end of fixed term contract without being renewed, or
an employee’s resignation or retirement.
Should you have further questions or require assistance with other
information, please feel free to contact us.
Yours sincerely,
Tramy Tam
Senior Manager
Policy and Regulation Division
Mandatory Provident Fund Schemes Authority
Dear Stat MPFA,
Many thanks for your reply, and this useful data. Because you have sent the tables textually they haven't rendered well through this platform and I can't read the final table. Would it be possible to send the data to me in an email at [email address]? Or send it again here but include the data in a XLS, CSV or even in an image?
Yours sincerely,
Scott Edmunds
Dear Jamie,
Please bring this up at the meeting where appropriate for discussion.
Thanks.
Regards,
Tramy
From: Jamie Chan <[email address]>
Sent: Tuesday, June 9, 2026 11:19 AM
To: Tramy Tam <[email address]>
Cc: Fiona Chau <[email address]>; Wesley Tang
<[email address]>; Cherry Lo <[email address]>; Jack Siu
<[email address]>
Subject: RE: Weekly meeting for MRIS report status update
Dear Tramy
Cherry is continue checking the report and target send the 2^nd round by
this week.
The obvious additional issue is the number of EE but I believe it has been
catered by PCCWS (highlighted in yellow). Thanks.
Regards
Jamie
From: Tramy Tam <[1][email address]>
Sent: Tuesday, June 9, 2026 10:54 AM
To: Jamie Chan <[2][email address]>
Cc: Fiona Chau <[3][email address]>; Wesley Tang
<[4][email address]>; Cherry Lo <[5][email address]>; Jack Siu
<[6][email address]>
Subject: RE: Weekly meeting for MRIS report status update
Dear Jamie,
May I check if you have prepared any additional check results for the
upcoming MRIS meeting this morning? If not, the team may need to rely
solely on the information you shared with PCCW in your earlier email.
Thanks.
Thank you.
Regards,
Tramy
From: Jamie Chan <[7][email address]>
Sent: Friday, June 5, 2026 10:35 AM
To: Wu, Belle N <[8][email address]>; Amy WS Lui
<[9][email address]>; Alex Chan <[10][email address]>; Berry
Chan <[11][email address]>; Tramy Tam <[12][email address]>;
Fiona Chau <[13][email address]>; Yuen, Edmond HY
<[14][email address]>; Lee, Zoe WY <[15][email address]>;
Benjamin Ng <[16][email address]>
Cc: Eric Tam <[17][email address]>; P&PM <[18]p&[email address]>;
Freddie Chui <[19][email address]>; Lok, Calvin CS
<[20][email address]>; Chen, Simon J <[21][email address]>;
Liu, Ivan SK <[22][email address]>; Li, Simon KK
<[23][email address]>; Tsang, Sam HH <[24][email address]>; Yu,
Jacky SY <[25][email address]>; Chung, Jessica SH2
<[26][email address]>; Chow, Jay CT <[27][email address]>;
Cherry Lo <[28][email address]>; Wesley Tang
<[29][email address]>; Jack Siu <[30][email address]>; Ming
Kwan <[31][email address]>
Subject: RE: Weekly meeting for MRIS report status update
Dear Belle
We have a preliminary check on your updated reports mainly focus on the 3
issues we discussed before first and still have some questions found which
summarized below, details you may refer to the attachment. Kindly please
advise, thanks.
1. Dummy account
l For BCT, from previous discussion as it includes temporary accounts,
the number of dummy accounts is around 100K + 30K, however, the figure
increased to around 300K in Apr 2026, any reason?
From BCT From PCCW From PCCW
(Average of latest (Jan 2026 V Mar (Apr 2026)
12 months) 2026)
Dummy Account Around 100 000 134 955 for Jan 304 778
2026
(+120% compared with the
135 586 for Feb average of the
2026 corresponding figures in
the pre-production
135 986 for Mar reports for the past
2026 three months)
l For BEA, the figure for Apr 2026 is quite large compared with the
average figure provided by BEA in the past, any reason?
From BEA From PCCW
(Average of latest 12 months) (Apr 2026)
Dummy Account Around 100 000 292 876
2. SEP ( Noting that retained SEP is currently not included in this batch
of pre-production reports and this is still under discussion )
l For BCT, the figure for Apr 2026 (1 963) is broadly in line with those
of the past 3 months (1 698 for Jan, 1 685 for Feb and 1 683 for Mar) but
smaller than historical records provided by BCT (about 2 500), please
confirm apart from the discrepancy arising from the treatment of retained
SEP, there are any other factors affecting the figures?
l For BEA, the figure for Catering for Apr 2026 (3 306) is 10 times
higher than historical levels (about 300 from BEA), while the figure for
Construction is 0 for Apr 2026 (non-zero values were observed from the
information from BEA), would you please advise?
3. Sub-Business Nature Capture
l Understand the development of the interim solution for the business
industry code at the ISCEE scheme level has been quick-fixed temporary.
However, the proportional split between construction and catering still
differs from historical submissions, any reason?
From Trustees Catering Construction
(Average of latest 12 months)
BCT 15% 85%
BEA 5% 95%
From PCCW Catering Construction
BCT 29% 71%
BEA 13% 87%
Should you have any questions, please contact me at 2292 1339, thanks.
Regards
Jamie
From: Wu, Belle N <[32][email address]>
Sent: Tuesday, May 26, 2026 8:24 PM
To: Amy WS Lui <[33][email address]>; Alex Chan
<[34][email address]>; Berry Chan <[35][email address]>; Tramy
Tam <[36][email address]>; Fiona Chau <[37][email address]>;
Yuen, Edmond HY <[38][email address]>; Lee, Zoe WY
<[39][email address]>; Benjamin Ng <[40][email address]>
Cc: Eric Tam <[41][email address]>; P&PM <[42]p&[email address]>;
Freddie Chui <[43][email address]>; Jamie Chan
<[44][email address]>; Lok, Calvin CS <[45][email address]>;
Chen, Simon J <[46][email address]>; Liu, Ivan SK
<[47][email address]>; Li, Simon KK <[48][email address]>;
Tsang, Sam HH <[49][email address]>; Yu, Jacky SY
<[50][email address]>; Chung, Jessica SH2
<[51][email address]>; Chow, Jay CT <[52][email address]>
Subject: Re: Weekly meeting for MRIS report status update
Hi all,
Thanks for joining the meeting. Below are the updates on our discussion
items from the meeting:
1. Retained SEP Logic Alignment:
Below is the list of impacted reports if it is decided to include retained
SEP in the active enrolment EE count (currently it is excluded according
to the FS).The estimated development effort for the items below is 1.5
months. The overall effort will include the testing and that will be
finalized when the requirements are confirmed.
For the SQR report, the impacted portion is the number of SEP members
contributing on a monthly basis in Section III (please refer to the cap
screen below). Currently, retained SEP is excluded.
We also reviewed the report logic and confirmed that withdrawal benefits
are retrieved without filtering any account typeXwe look at the withdrawal
reason instead. Therefore, I would like to confirm that retained SEP
benefits are included in the SQR as long as the withdrawal benefits are
within scope.
2. Dummy Account:
It is agreed to include the breakdown of the ISCEE provisional and temp
account in PBI Section 2 with updates in A7. ACCOUNT TYPE and A17. ACCOUNT
STATUS. Target to complete the development in 2 weeks. For the remaining
PBI sections, we will provide an impact analysis with a proposed
development timeline before the next meeting.
3. Sub-Business Nature Capture:
The development of the interim solution for the business industry code at
the ISCEE scheme level has been completed. The enhanced MRIS reports
202503 and 202504 are attached.
Best Regards,
Belle
════════════════════════════════════════════════════════════════════════
From: Amy WS Lui
Sent: Friday, May 22, 2026 5:58 PM
To: Amy WS Lui <[53][email address]>; Alex Chan
<[54][email address]>; Berry Chan <[55][email address]>; Tramy
Tam <[56][email address]>; Fiona Chau <[57][email address]>;
Yuen, Edmond HY <[58][email address]>; Lee, Zoe WY
<[59][email address]>; Wu, Belle N <[60][email address]>; Benjamin
Ng <[61][email address]>
Cc: Eric Tam <[62][email address]>; P&PM <[63]p&[email address]>;
Freddie Chui <[64][email address]>; Jamie Chan
<[65][email address]>
Subject: Weekly meeting for MRIS report status update
When: Tuesday, May 26, 2026 12:00 PM-12:30 PM.
Where: Zoom
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Dear all,
You are cordially invited to join the captioned meeting and here are the
details.
Date 26 May & 2, 9, 16 Jun 2026 (Tue)
Time 12:00 V 12:30 p.m.
Subject Weekly meeting for MRIS report status update
Mode Zoom Meeting: [66]https://mpfa-org-hk.zoom.us/j/92555199498
Meeting ID: 925 5519 9498
Passcode: AF9pGc
Participants eMPF PC:
Alex Chan, Berry Chan, Tramy Chan, Jamie Chan, Fiona Chau,
Freddie Chiu
Optional: Eric Tam
Sent Apologies:
26 May 2026: Jamie Chan, Freddie Chiu (Delegated to Benjamin
Ng)
PCCW:
Edmond Yuen, Zoe Lee, Belle Wu
Agenda 1. The impact analysis and timeline for the Retained SEP
logic.
2. Timeline for the availability of the breakdown list of
the provisional count by PROV and TEMP account.
3. Regenerated with the Sub-Business Nature Capture.
Best Regards,
Amy Lui| Tel: +852 V 2292 1072
jʤnpz
[98 The Millennity 1y12
Mandatory Provident Fund Schemes Authority
Level 12, Tower 1, The Millennity
98 How Ming Street, Kwun Tong, Hong Kong
uq HotlineG2918 0102
WebsiteG[69]http://www.mpfa.org.hk
FacebookG[70]http://www.facebook.com/mpfa.hk
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IMPORTANT: This transmission is intended for the addressee only. If you
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[ Alaveteli note: The above text was badly encoded, and has had strange characters removed. ]
Tramy Tam would like to recall the message, “Weekly meeting for MRIS report status update”.
